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2 E 5 1 FILE HOME INSERT VIEW Sign in Calibri - 11 M Finance Depreciation Schedules - Excel PAGE LAYOUT FORMULAS DATA REVIEW AA % A Alignment Number Conditional Format as Cell Formatting Table Styles Styles fo Paste BIU. Cells Editing Clipboard Font E F . A D 1 Sullivan Ranch Corporation has purchased a new tractor. The following information is given: 2 Cost: $ 150.000 4 Estimated Residual: $ 10,000 5 Estimated Life in years: 4 6 Estimated Life in hours: 1200 7 Actual Hours: 8 Year 1 360 9 Year 2 270 10 Year 3 350 11 Year 4 220 12 13 Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (fx) to calculate the Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 14 15 16 17 18 SULLIVAN RANCH CORPORATION Depreciation Schedule-Straight Line Method End of year amounts Depreciation Accumulated Expense Depreciation 19 Year Book Value 20 21 22 1 2 3 Sheet1 ? 5 Sign In A X 5 Finance Depreciation Schedules - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW ABC Show/Hide Comment Show All Comments Spelling Research Thesaurus Translate Delete Previous Next Comment Show Ink Changes Proofing Language Comments New D7 fo F A B D E 19 Year Depreciation Accumulated Expense Book Value Depreciation 20 1 21 2 22 3 23 4 24 Total 25 Prepare the following Units-of-Production depreciation schedule by entering formulas. 26 Use absolute cell references when appropriate. 27 SULLIVAN RANCH CORPORATION 28 Depreciation Schedule-Units-of-Production Method 29 End of year amounts 30 Year Depreciation Accumulated Book Value Expense Depreciation 31 1 32 2 33 3 34 4 35 + Total 36 Prepare the following Double Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (FX) to 37 calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 38 39 Sheet1 BEADY ? - 5 Finance Depreciation Schedules - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW ABC 20 Show/Hide Comment Show All Comments Speling Research Thesaurus Translate New Delete Previous Next Comment Changes Show Ink Proofing Language Comments Sign In D7 f A B c D E F 34 35 36 4 Total 37 Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (Ex) to calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 SULLIVAN RANCH CORPORATION Depreciation Schedule-Double-Declining-Balance Method End of year amounts Year Depreciation Accumulated Expense Depreciation Book Value 1 2 3 4 Total